How much money did Balaji make from his $1 million bet?

Out of Balaji's $1 million bet, the tech billionaire made three $500,000 donations. The first was channeled towards pseudonymous Twitter user James Medlock, who had offered to bet $1 million back in March that the US would not experience hyperinflation.

How much money did Balaji Srinivasan donate?

Besides cancelation, he donated $1.5 million to three different entities as a settlement. Balaji Srinivasan announced closing his $1 million bet on Bitcoin (BTC) prematurely and donated $1.5 million to three organizations as a settlement.

Will bitcoin hit $1 million in 90 days?

Analyst’s Take: Crypto analyst Miles Deutscher does not agree with Srinivasan and said that Bitcoin won't hit $1 million in 90 days, but he believes this bet has spurred on the conversation around the “hyperbitcoinization theory”. The analyst said Srinivasan has cleverly “used an outlandish bet as a vehicle to perpetuate this narrative.”

Will bitcoin's price skyrocket to $1 million by June 17?

Analyst Weighs In Balaji Srinivasan, Coinbase's (NASDAQ:COIN) former CTO, made a bold prediction on Saturday. He believes Bitcoin's (CRYPTO: BTC) price could skyrocket to $1 million by June 17 due to the rapid devaluing of the U.S. dollar in the coming months.